On May, 23 Golden Ocean Group Limited (GOGL) Analysts See $0.03 EPS

May 16, 2018 - By Mark Mitchell

Golden Ocean Group Limited (NASDAQ:GOGL) Corporate Logo

Golden Ocean Group Limited (NASDAQ:GOGL)’s earnings release is awaited by WallStreet on May, 23, as reported by RTT. Analysts expect change of 117.65 % or $0.20 from previous year’s $-0.17 earnings per share compared to current’s $0.03 earnings per share. If earnings per share of $0.03 is reported the profit of GOGL could hit $4.33M giving it 70.00 P/E. Wall Street predicts -84.21 % negative EPS growth as of May, 23. GOGL reached $8.4 during the last trading session after $0.06 change.Golden Ocean Group Limited has volume of 120,923 shares. Since May 16, 2017 GOGL has risen 7.95% and is uptrending. GOGL underperformed the S&P 500 by 3.60%.

Golden Ocean Group Limited (NASDAQ:GOGL) Ratings Coverage

A total of 2 analysts rate Golden Ocean Group (NASDAQ:GOGL) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:GOGL) has 4 ratings reports on May 16, 2018 according to StockzIntelligence. On Monday, February 12 the rating was downgraded by Morgan Stanley to “Equal-Weight”. On Friday, March 23 the firm earned “Overweight” rating by JP Morgan. In Wednesday, February 21 report Morgan Stanley maintained it with “Equal-Weight” rating and $10 target. On Tuesday, April 17 the firm earned “Equal-Weight” rating by Morgan Stanley.

Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide.The company has $1.21 billion market cap. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Kamsarmax, Panamax, and Supramax vessels.Currently it has negative earnings. The firm transports bulk commodities, such as ores, coal, grains, and fertilizers along worldwide shipping routes.

Another two news for Golden Ocean Group Limited (NASDAQ:GOGL) were briefly announced by: Benzinga.com on April 18, 2018 with title “24 Stocks Moving In Wednesday’s Pre-Market Session”. The other Benzinga.com‘s article was titled “28 Stocks Moving In Tuesday’s Pre-Market Session” and announced on April 24, 2018.

Golden Ocean Group Limited (NASDAQ:GOGL) Analyst Ratings Chart

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